Add Powering Canada with Biofuel Energy!
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Powering-Canada-with-Biofuel-Energy%21.md
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<br>[Powering Canada](https://pitchbook.com/profiles/company/51278-86) With [Biofuel](https://stocktwits.com/symbol/MNEL) Energy!<br>
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<br>There is a growing concern these days for the environment, and several countries have taken the initiative to promote using [renewable resource](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) to decrease humanity's impact on the world. Canada is one such nation taking the lead in green technologies, and [utilizing biofuels](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is among the steps they have taken in becoming one of the world's leaders in the [consumption](https://www.bloomberg.com/profile/company/MNELF:US) of environmentally friendly fuels.<br>
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<br>Biofuels are simply liquid [fuels manufactured](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) from plant and animal [materials](https://pitchbook.com/profiles/company/51278-86). Because this matter is eco-friendly, it is not just capable of [powering automobiles](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and heating homes, but the waste is then absorbed once again into the earth, nurturing new life able to provide future renewable resource sources.<br>
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<br>Bioethanol, [frequently](https://forest500.org/rankings/companies/mission-newenergy-limited) described as just ethanol, is the most common [biofuel](https://www.crunchbase.com/organization/mission-newenergy) [presently](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) in production. [Canada's federal](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) has actually kept in mind of ethanol's capacity as an alternative renewable resource and developed a plan needing gasoline to include 5% ethanol by the end of this year. The plan would also require diesel fuels to include at least 2% ethanol by the end of 2012. As a matter of truth, the provincial government of [Manitoba](https://www.crunchbase.com/organization/mission-newenergy) has taken a management function in the biodiesel market by [creating mandates](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [requiring](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) similar percentages as those devised by the federal government that will enter into impact in 2010. This precedes the federal required by two years. Manitoba is understood for its grassy field lands, the crops that grow there, and the animals that graze upon these crops. The amount of plant and animal materials offered for the production of biofuels is great. Manitoba has motivated the provincial government of British Columbia to adopt similar techniques.<br>
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<br>The corporation of Raven Biofuels Limited was established to research and develop technologies favorable to effective and respected use of [biofuels](https://www.bloomberg.com/profile/company/MNELF:US) throughout Canada, and they have determined British Columbia as a beginning point. Joining Raven Biofuels International Corporation (RBIC), their goal is to pay RBIC a cost offering them exclusive rights to [biofuel](https://www.pinterest.com.au/missionnewenergy/) [development](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) in Canada. Their intent is to develop the very first commercial biorefinery and place it in Kamloops, British Columbia. Though it may appear as though a [monopoly](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) or trust would emerge from this partnership, the goal is to set an example and to provide guidance to other potential industrial endeavors. Municipalities have partnered with British Columbia's provincial government to develop the BC Bioenergy Strategy, which has actually currently amassed $25 million to money a [Biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) Network focused on advancing [biofuel](https://stocktwits.com/symbol/MNEL) energy innovation not simply in British Columbia, however throughout Canada.<br>
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